Fuelcell Energy (FCEL) Debt to Equity (2010 - 2026)
Fuelcell Energy recorded quarterly Debt to Equity of $0.03 in Q1 2026, up 8.48% quarter-over-quarter from $0.02 in Q4 2025, and down 2.14% year-over-year from $0.03 in Q1 2025.
Fuelcell Energy's Debt to Equity history runs 17 years deep, the most recent figure standing at $0.03 for Q1 2026.
- In Q1 2026, Debt to Equity fell 2.14% year-over-year to $0.03; the TTM figure through Jan 2026 stood at $0.03 (down 2.14% YoY), while the FY2025 annual figure was $0.02, down 1.03% from the prior year.
- Debt to Equity came in at $0.03 for Q1 2026 at Fuelcell Energy, up from $0.02 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.03 in Q3 2025 to a low of $0.01 in Q3 2023.
- A 5-year average of $0.02 and a median of $0.02 in 2022 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity plunged 63.44% in 2022 and jumped 75.06% in 2025, its largest moves.
- Fuelcell Energy's Debt to Equity stood at $0.02 in 2022, then retreated by 24.7% to $0.01 in 2023, then jumped by 65.96% to $0.02 in 2024, then dropped by 1.03% to $0.02 in 2025, then grew by 8.48% to $0.03 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.03, $0.02, and $0.03 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.69 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | - |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.41 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.68 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.41 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 0.25 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.58 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.09 |
| 10 | Fuelcell Energy | 1.21 Bn | 903.11 Mn | -5.86 Mn | 0.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.03 |
| Oct 31, 2025 | 0.02 |
| Jul 31, 2025 | 0.03 |
| Apr 30, 2025 | 0.03 |
| Jan 31, 2025 | 0.03 |
| Oct 31, 2024 | 0.02 |
| Jul 31, 2024 | 0.02 |
| Apr 30, 2024 | 0.02 |
| Jan 31, 2024 | 0.01 |
| Oct 31, 2023 | 0.01 |
| Jul 31, 2023 | 0.01 |
| Apr 30, 2023 | 0.02 |
| Jan 31, 2023 | 0.02 |
| Oct 31, 2022 | 0.02 |
| Jul 31, 2022 | 0.01 |
| Apr 30, 2022 | 0.01 |
| Jan 31, 2022 | 0.02 |
| Oct 31, 2021 | 0.02 |
| Jul 31, 2021 | 0.01 |
| Apr 30, 2021 | 0.03 |
| Jan 31, 2021 | 0.04 |
| Oct 31, 2020 | 0.11 |
| Oct 31, 2019 | 0.29 |
| Jul 31, 2019 | 0.51 |
| Apr 30, 2019 | 1.10 |
| Jan 31, 2019 | 0.66 |
| Oct 31, 2018 | 0.21 |
| Jul 31, 2018 | 0.15 |
| Apr 30, 2018 | 0.10 |
| Jan 31, 2018 | 0.22 |
| Oct 31, 2017 | 0.28 |
| Jul 31, 2017 | 0.22 |
| Apr 30, 2017 | 0.14 |
| Jan 31, 2017 | 0.09 |
| Oct 31, 2016 | 0.04 |
| Jul 31, 2016 | 0.11 |
| Apr 30, 2016 | 0.12 |
| Jan 31, 2016 | 0.02 |
| Oct 31, 2015 | 0.08 |
| Jul 31, 2015 | 0.07 |
| Apr 30, 2015 | 0.04 |
| Jan 31, 2015 | 0.01 |
| Oct 31, 2014 | 0.01 |
| Jul 31, 2014 | 0.01 |
| Apr 30, 2014 | 0.03 |
| Jan 31, 2014 | 0.26 |
| Oct 31, 2013 | -0.53 |
| Jul 31, 2013 | -0.54 |
| Apr 30, 2013 | -1.92 |
| Jan 31, 2013 | 0.83 |
| Oct 31, 2012 | 0.37 |
| Jul 31, 2012 | 0.36 |
| Apr 30, 2012 | 0.25 |
| Jan 31, 2012 | -0.49 |
| Oct 31, 2011 | -0.64 |
| Jul 31, 2011 | -8.42 |
| Oct 31, 2010 | 0.65 |